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EE Times-Asia > Optoelectronics/Displays

Micronas shuts down IPTV biz

Posted: 03 Jan 2008 ?? ?Print Version ?Bookmark and Share

Keywords:IPTV? STB? lay off?

Micronas Holding GmbH plans to discontinue its activities in STBs for IPTV, affecting about 100 employees in California and around 20 employees in Shanghai, China.

The company had previously announced plans to cut back on R&D spending and plans to sell off its U.S. operation where much of the IPTV work was based.

Most of the discontinuation activities are expected to be completed during Q1.

- Peter Clarke
EE Times Europe

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